AIAC AND AVARA PHARMACEUTICALS CO-SPONSOR AWARDS DINNER HONORING BILL GATES

New York, NY November 1, 2023 – American Industrial Acquisition Corporation, Avara Pharmaceutical Services, and their invited guests will join with the Economic Club of New York in a special year-end dinner and awards ceremony on December 7 at the Sheraton Hotel in New York City to honor Bill Gates, Co-Founder of Microsoft, the Bill and Melinda Gates Foundation, and the Bill and Melinda Gates Medical Institute. Mr. Gates will describe his post-Microsoft journey, exploring the intersection of technology and global development.  He will also navigate through the intricacies of climate change solutions, AI applications for improving  global health, and the critical importance of international collaboration. 

Marie-Josee Kravis, Chair Emerita of the Economic Club of New York and Chair of the Museum of Modern Art, will present Bill Gates with the Peter G. Peterson Award for Leadership Excellence.  This award was originally inaugurated in 2011 through a gift from the late Peter G. Peterson, former Chair of the Economic Club.  Peterson was Co-Founder and Chairman of the Blackstone Group, the world’s largest private equity firm, and the Peterson Institute for International Economics, the Washington DC-based, bi-partisan policy research institution.  Past honorees include George P. Shultz, Paul Volcker, Alice Rivlin, Alan Greenspan, Henry Kissinger, Roger W. Ferguson and Stanley Fischer. 

L. M. Levie, Chairman of AIAC and of Avara and member of the Economic Club of New York Legacy Society, commented, “AIAC and Avara are delighted to join in paying tribute to Bill Gates, the most accomplished entrepreneur, technologist, and philanthropist of our time.  The company and the foundations he co-founded boldly transformed our world for the better, by enhancing, enriching and extending the lives of billions.”  

Prior to the dinner and awards ceremony, AIAC and Avara will host their guests at a reception on the top floor and terrace of the Metropolitan Club of New York. 

About AIAC

American Industrial Acquisition Corporation (AIAC) is a diversified industrial group with manufacturing and distribution sites in 24 countries in North America, Europe, and Asia.  AIAC has acquired and grown non-core subsidiaries and divisions of Boeing, Siemens, Lockheed Martin, Northrop Grumman, Raytheon, Johnson Controls, Merck, Pfizer, Astellas, Visteon, Carlyle, Ahlstrom, Tolko, Groupe Suez, Groupe Rexel, and many other leading multinational corporations.

AIAC Corporation manufacturing companies serve companies and governmental entities worldwide in all major sectors, including aviation, space, defense, automotive, truck, rail, marine, petrochemical, solar, nuclear, food, confectionary, beverage, civil engineering and infrastructure, commercial construction, mining, dredging, disaster relief, education, medical devices, and pharmaceuticals.  AIAC companies manufacture materials, components, assemblies, packaging, equipment, and finished products. In addition, AIAC companies are exclusive, authorized distributors of leading branded wire and cable, electrical devices, lighting products, plumbing supplies, construction equipment, indoor and outdoor cooking appliances and fixtures, electronics, cameras, and watches throughout Southeast Asia, Australia, and New Zealand.

Of note, AIAC purchased Boeing Canada in 2005, and has produced over 10,000 unique components for every Boeing jet plane ever since, reliably serving Boeing from manufacturing facilities in Canada, the US, and Mexico.   A leader in ultra high precision jet engine component manufacturing, AIAC companies also produce 2,200 fan blades and blisks for each jet engine produced by GE, Pratt & Whitney, Rolls Royce, and Honeywell.   In connection with its paper manufacturing interests, AIAC controls and sustainably manages 22 million acres of Manitoba, Canada forestland, an area equivalent in size to the nation of Hungary. 

About AIAC Philanthropy

AIAC and the AIAC Foundation support a wide range of nonprofit, nonsectarian, bipartisan organizations which promote international conflict resolution, disaster relief, economic development, and environmental sustainability.  These nonprofit organizations include the following:  the Appeal of the Nobel Peace Laureates Foundation Inc., the Asia Society, the Atlantic Council, the Bill and Melinda Gates Foundation - Gates Philanthropy Partners, the Bretton Woods Committee, the Carnegie Endowment for International Peace, the Carter Center, the Council on Foreign Relations, the Economic Club of New York, the Explorers Club, the Foreign Policy Association, the Institut Française des Relations Internationales, the International Committee of the Red Cross, the International Crisis Group, the International Rescue Committee, the Japan Society, the JFK School of Government of Harvard University, the Peterson Institute for International Economics, the Richardson Center for Global Engagement, the Royal Institute of International Affairs (Chatham House), the Sierra Club, and the Trilateral Commission, among others.  

For more information, see: 

https://www.aiac.com

https://www.aiac.com/our-values

About Avara Pharmaceutical Services Ltd.

With large-scale manufacturing campuses in Puerto Rico, Norman, Oklahoma, and Liscate, Italy, Avara Pharmaceutical Services Ltd. produces critical prescription and nonprescription medications delivered to 40 countries.  Avara manufactures both oral solid dose and injectable pharmaceuticals.  Avara is a trusted supplier to major multinational clients including Aspen, Astellas, AbbVie, Cumberland, Bausch & Lomb, Genentech-Roche, Merck, Organon, Pfizer, Sagent, and SK Life.  During the Covid-19 global pandemic, Avara was the manufacturer of the key active pharmaceutical ingredient for the production of Gillead Science’s Remdesivir, a leading treatment of the disease. 

For more information, see:  www.avara.com

About Bill Gates

As co-chair of the Bill & Melinda Gates Foundation, Bill Gates shapes and approves foundation strategies, advocates for the foundation’s issues, and sets the organization’s overall direction. He works with grantees and partners to further the foundation’s goal of improving equity in the United States and around the world.

Bill co-founded Microsoft Corporation in 1975 with Paul Allen and led the company to become the worldwide leader in business and personal software and services. In 2008, Bill transitioned to focus full-time on the foundation’s work. Through his private office, Gates Ventures, he pursues his work in climate change and clean energy innovation, Alzheimer’s research and other healthcare issues, interdisciplinary education, and technology.  He is also the founder of Breakthrough Energy, which works to address climate change by supporting the next generation of entrepreneurs, big thinkers, and clean technologies. 

In 2010, Bill, Melinda French Gates, and Warren Buffett founded the Giving Pledge, an effort to encourage the world’s wealthiest families and individuals to publicly commit more than half of their wealth to philanthropic causes and charitable organizations during their lifetime or in their will.

Bill grew up in Seattle with two sisters. His late father, William H. Gates Sr., was an attorney and civic leader who served as a co-chair of the foundation from 2000 to 2020 His late mother, Mary Gates, was a schoolteacher, University of Washington regent, and chair of United Way International. Bill has three children and one grandchild.

For more information, see: 

https://www.gatesfoundation.org

https://www.gatesmri.org

About the Economic Club of New York

Founded in 1907, the Economic Club of New York is the premier forum for discussion on a wide range of issues facing New York City, the United States, and the world.  The Club welcomes preeminent thought leaders from across the globe and from the public and private sectors to speak on complex issues ranging from public policy and economic regulation to tech disruption.  Nonpolitical, nonpartisan, and nonprofit, the Club promotes no agenda and takes no sides on issues, encouraging speakers and members to engage openly in thoughtful discussions.

The Economic Club members include the senior leadership of the corporate and financial organizations based in the New York Metropolitan area. The Club has hosted speakers who are experts in their respective fields and who drive the conversations that shape the future world.  Past speakers include leaders of Fortune Global 500 companies, and multiple U.S. presidents, including Woodrow Wilson, William H. Taft, Herbert Hoover, Dwight D. Eisenhower, John F. Kennedy, Richard Nixon, Ronald Reagan, and George H. W. Bush.   International heads of state such as Winston Churchill, Mikhail Gorbachev, Indira Gandhi, Margaret Thatcher, and Yitzak Rabin have addressed the Club.

For more information, see: www.econclubny.org

Media Contact:

Isabel Carro Toro, Vice President
American Industrial Acquisition Corporation
+34 689 295 827 (Spain)
+ 1 787 244 3175 (USA)
icarro-toro@aiac.com
www.aiac.com

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